In addition to budgeting, forecasting and management reporting. You may be costing your products – and doing so by applying certain related costs to your product cost, based on variables such as machine hours, units manufactured, kilometers travelled, etc.

Using IBM Cognos TM1, we can help you create costing models from standard costing through to activity-based costing models (ABC) to get to a true cost per unit sold/manufactured.

We have helped call centres allocate costs to specific products, based on a combination of variables, through to allocating research and development costs to products, based on business-specific drivers.